Greg Johnson – CEO & Board Chairman

▪ 30 years experience in exploration, development and financing of

large scale mining projects with broad capital markets experience

▪ Co-founder of NovaGold, former President..& CEO of Wellgreen

Platinum and South American Silver; Exploration. Manager at

Placer Dome (now Barrick Gold)

▪ Co-Credited with discovery or expansion and advancement of

major precious and base metal deposits in the region

Gregor Hamilton – Director

▪ 20 + years of mining sector experience in investment banking, corporate finance, geology with capital markets expertise; global finance contacts for mining, M&A and corporate strategy

▪ Successful entrepreneur in mining, technology and agribusiness in Canada and South America

Bill Harris – Director

▪ President and CEO of Midnight Mining▪ Founder, former Executive of Northern Freegold▪ Lifelong Yukoner, prospector, mining entrepreneur

Stephen Pearce, LLB – Director

▪ Practicing corporate and securities lawyer

▪ Director of Sable Resources, Golden Goliath, Centenara Mining,

Ashburton Ventures and Wildflower Marijuana

Klondike Alluvial Gold Royalties

Au

• 27 miles of creek and bench mining rights along Indian

River drainage; the most productive area in the Klondike

• 15% royalty on Dominion Creek production; 12% royalty

on Australia Creek

www.metallic-minerals.com

TSX: MMG.V US OTC: MMNGF

604-629-7800 604-629-7800

TSX: MMG.V US OTC: MMNGF

Strong Management and Board of Directors

Contact Information

GDXJ - Junior Gold Miners ETF

MMG.V – Metallic Minerals Corp.

$SILVER – Silver Spot Price

Share Structure

Issued & Outstanding 56.2 million

Options (Avg. Ex. Price: $0.38) 5.5 million

Warrants (Avg. Ex. Price $0.15) 20.6 million

Fully Diluted 82.4 million

Market Capitalization $24.5 million

In the Money Warrants/Options $2.7 million

Cash $1.5 million

Management & close associates hold ~25%

Tim Thiessen, BA, CA – Chief Financial Officer

▪ 20 years of international accounting and finance experience

▪ Has held CFO position with Metallic Minerals, Foran Mining,SnipGold, and Aurcana; former VP Finance for EndeavorFinancial, and auditor for Deloitte’s mining practice

Scott Petsel, P.Geo – Vice President, Exploration

▪ Over 28 years of experience in global exploration, mine geology,

project management and advancement

▪ Former Project Mgr, Ambler & Bornite projects, NovaCopper

(now Trilogy Metals), Exploration Mgr, Galore Creek project and

Sr Geologist, Donlin Gold project, NovaGold

▪ Sr Exploration positions with Placer Dome (now Barrick) & Echo

Bay (now Kinross) in North America and internationally

Susan Craig, P.Geo – Advisor, Govt. & Community Relations

▪ Over 25 years experience on Yukon and BC based projects from

exploration to development, operations and closure, with a focus

on permitting, First Nations and Government relations

▪ On Environmental team for Galore Creek project (NovaGold) &

Brewery Creek mine (Viceroy Resources)

▪ Current Director of Yukon Energy Corporation, Yukon Mineral

Advisory Board and President of Yukon Chamber of Mines

@metalminerals

YUKON

McKay Hill – 100%-owned (35.4km2)

Ag-Pb-Zn-Cu-Au

• Modern field work confirmed historic high grades of Ag, Pb,

Zn & showed significant associated Au and Cu

• 23 samples from 12 vein structures running over 300g/t Ag

Keno Silver Project – 100%-owned (166km2)

Ag-Pb-Zn

• 2017 exploration results confirmed presence of high-grade

silver, lead and zinc

• Adjacent to Alexco Resource Corp’s high-grade operations

• Existing access infrastructure and grid power

• Historic district with over 200Moz Ag production

888-570-4420888-570-4420 www.metallic-minerals.com

Strategy – Create value through a systematic, entrepreneurial approach to brownfields, precious metals exploration in

underexplored districts of mining-friendly jurisdictions with potential to produce top-tier assets

Experienced Team – Management team with proven track record of exploration success, capital markets expertise, and experience

in sustainable development, community engagement and permitting

▪ Board and Management with extensive experience in global exploration and mining business, collectively raised over $650

million in project financing

▪ Former members of successful teams at NovaGold, Wellgreen, Northern Freegold and Viceroy

▪ Credited with the discovery or expansion and advancement of major precious and base metal deposits in the region:

o Donlin Creek, Alaska: M&I 40 Moz Au

o Galore Creek, BC: M&I 9 B lbs Cu, 5 Moz Au & 100 Moz Ag

o Wellgreen, Yukon: M&I 6 Moz PGM+Au, 3 B lbs Ni+Cu

▪ Recipients of Yukon Government awards for excellence in environmental stewardship

Jurisdiction – First-world jurisdiction, ranked one of the most geologically prospective in the world

• Canada ranked #1 mining jurisdiction by Behre Dohlbear

• Yukon ranked 4th in Canada for mining by the Fraser Institute

• US$600 million committed to Yukon mining exploration since 2016, including Goldcorp, Barrick, Newmont, Agnico Eagle & Coeur

Commodities – Projects focused on high-grade silver, lead and zinc

• Silver & gold showing significant resilience with positive forward-looking projections from banks & analysts

• Base metals showing solid support at current levels, with momentum expected to resume based on market fundamentals

Key Milestones:

• 2017 acquisitions nearly triple Keno silver district land position to 166 km2

• Klondike Gold District acquisition and first royalty agreements announced Sept. 2017

• 2017 Keno Silver Project field program initiated May with drilling beginning September

• 2017 McKay Hill project field exploration season results released October 2017

• First alluvial gold royalty payment received November 2017

• 2017 exploration program results confirmed presence of high-grade silver

• $1.35 million flow-through financing completed December 2017

• 2018 exploration program expected to commence early June 2018

High-Grade Silver, Lead & Zinc in Canada’s Yukon Territory

Keno Silver Project – Yukon, Canada

www.metallic-minerals.com604-629-7800 888-570-4420

McKay Hill Au-Ag Project – Yukon, Canada Klondike Gold District Alluvial Royalties

2017 CARIBOU HILL TARGET DRILL HIGHLIGHTS

2017 HOMESTAKE TARGET DRILLING & TRENCHING HIGHLIGHTS

Keno Silver Project – Overview

• Large, brownfields land position covering 166 km2 in the eastern & southern portions of the Keno silver district

• Historically important district with >200 Moz. of high-grade silver production from 40 mines

• Access via existing highways & all-weather roads; grid power supplying nearby Keno City & Alexco operations with ample capacity

• Adjacent to Alexco Resource Corp’s operations, which host >67 Mozs Ag (M&I) with LOM production grades over 840g/t silver or

~1,200 g/t silver equivalent value with lead and zinc

• 10 of the 12 known productive mineralized trends continue onto Metallic Minerals holdings in preferred host rocks, with historic

production from 8 mines, including 5 with average recovered grades above 5,000 g/t

• Eastern portion of the district under-explored due to fragmented, private land ownership; now consolidated under Metallic Minerals

• 2017 exploration and drill results confirm presence of high-grade silver-lead-zinc

Hole From (m) To (m) Ag g/t Pb % Zn % Au g/t Ag EQ g/t

CH17-021 39.35 42.0 407 3.39 6.35 0.834 972

including 39.35 39.80 1,607 15.47 1.70 0.759 2,487

39.80 40.85 194 0.94 9.95 0.718 827

40.85 42.00 132 0.89 4.89 0.971 512

CH017-23 40.7 42.3 1,405 25.98 3.72 0.282 2,851

including 40.70 41.50 2,408 47.30 4.69 0.108 4,898

41.50 42.30 402 4.65 2.74 0.456 804

CH17-026 48.62 50.85 59.1 0.82 4.99 0.960 440

including 49.90 50.85 104 1.55 9.76 1.641 828

Hole From (m) To (m) Ag g/t Pb % Zn % Au g/t Ag Eq g/t

HS17-024 31.86 33.14 8 0.11 0.15 2.460 214

Including 32.69 33.14 16 0.18 0.12 6.600 547

HS17-027 74.64 75.60 207 3.62 0.09 0.002 383

Including 74.64 75.13 364 6.30 0.06 0.004 665

And 76.48 77.50 569 1.02 0.03 0.010 620

HS10-006 73.15 74.91 522 0.47 0.25 0.030 560

Including 73.15 73.37 4027 1.00 0.65 0.170 4122

HS10-009 32.38 34.99 110 0.49 0.06 1.510 253

Including 33.35 34.09 359 1.00 0.02 4.880 789

Including 40.50 40.90 98 4.29 0.83 3.300 603

Trench Length (m) Ag g/t Pb % Zn % Au g/t Ag Eq g/t

HS_Shaft_B 0.9 3168 0.15 2.60 4.670 3679

HS_TR4_b 0.7 1155 6.27 10.10 0.295 2015

Including 0.3 1592 22.70 0.90 0.630 2759

HS_TR4_p2 2 1564 12.95 6.11 0.305 2525

HS_TR4_p3 3 1650 15.23 0.49 0.237 2413

Including 0.8 4717 26.00 0.80 0.700 6040

AgEq g/t

Next Steps

• Resource delineation drilling on 3 priority targets at the

Caribou, Homestake and Formo targets

• First phase drilling at recent discovery sites at Gold Hill,

Bounty, Duncan, Silver Basin, Vanguard and Silver Queen.

• Follow-up detailed stratigraphic mapping, drone-based

geophysics, soil sampling and trenching of next tier targets

• Review additional acquisition opportunities in the district;

• Undertake comprehensive data mining of 100+ years of

historic data on the district with modern exploration tools

Sample Vein Ag g/t Au g/t Pb % Zn % Cu %

29887 No. 1 W 502 0.77 46.4 0.47 2.40

1907517* No. 6 988 24.4 37.7 3.71 7.97

1907519* No. 6 742 2.36 40.0 14.72 2.92

MK002 No. 8 646 16.8 27.0 0.14 0.64

29889 Blackhawk 484 0.9 54.7 3.33 0.53

29886 Snowdrift 534 2.49 47.0 0.46 2.16

113852* Indep. 706 0.18 77.8 0.38 1.63

• 50km north of the Keno Silver camp consisting of 129 claims

over 35.4km2

• Historic high-grade underground production between 1948-

1949 yielded 143 tonnes of high-grade material, grading 390.8

g/t Ag and 74.1% Pb

• Modern field work confirmed these historic high grades of

silver, lead and zinc and demonstrated the presence of

significant associated gold and copper

• 23 samples from 12 of the 16 known vein structures running

greater than 300 g/t silver

• ~20Moz Au have been produced from the Klondike since

its discovery in 1898.

• Dominion & Australia Creeks are tributaries of the Indian

River; the Klondike’s largest producer where large-scale,

operations account for nearly 50% of Yukon placer

production

• Metallic holds 27 miles (37 km2) of mining rights along the

Indian River drainage

• ~2.7Moz have been produced on Dominion Creek since

its discovery

• Australia Creek was never historically mined due to its

use for water supply and hydro-power by Yukon

Consolidated Gold Company

• Currently, Metallic receives a 15% production royalty on

Dominion and 12% on a 2 mile portion of Australia Creek

• These first two production royalty agreements cover a

fraction of the total MMG holdings and additional

royalties are anticipated with other operators on the

remaining 24 miles (33.6 km2) in the future